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July 31, 2024

Capacity Market

Panel Debates Need for Changes in FERC Merger Policy
As FERC considers changes in its merger policy, panelists at the Energy Bar Association (EBA) discussed the pros and cons of adding tests to determine market power.
MISO LOLE Study Overestimates Auction Capacity
A recent MISO study slightly overestimated actual capacity offers in the 2018/19 Planning Resource Auction.
© RTO Insider
Overheard at IPPNY 2018 Spring Conference
Industry stakeholders gathered in Albany for the Independent Power Producers of New York (IPPNY) Spring Conference for an update on the rapid changes in the state's grid.
PJM
FERC Closes Book on PJM’s ‘Paper Capacity’ Concerns
FERC has signaled that it’s done dealing with PJM’s concerns about market participants selling “paper capacity” to arbitrage price differences between the Base Residual and Incremental auctions.
© RTO Insider
PJM Market Implementation Committee Briefs: May 2, 2018
PJM’s Market Implementation Committee approved manual revisions reducing the number of virtual bidding locations by almost 90%.
PJM Operating Committee Briefs: May 1, 2018
The PJM Operating Committee unanimously approved revisions to Manual 14D to tighten the notification rules for transferring the ownership of generation units.
Direct Energy
FERC Denies Bayonne NYISO Tariff Waiver Request
FERC denied Bayonne Energy Center a waiver of several NYISO Tariff provisions, which the plant said it needed to enter the ISO’s June capacity auction.
Stakeholders Urge MISO to Reconsider Seasonal Market
The MISO Reliability Subcommittee’s resource availability and need effort could revive a discussion on developing a capacity market divided by season.
UPDATED: PJM Capacity Proposals Widely Panned
Comments on PJM’s “jump ball” proposals for protecting the capacity market from subsidized resources were almost uniformly negative.
Powelson: ‘Erosion of Confidence’ in Stakeholder Process
FERC Commissioner Robert Powelson said that he sees an “erosion of confidence” in RTO stakeholder processes.

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